Cheap Homes for Rent in Cooper Young Neighborhood of Memphis, TN from $700 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Cooper Young area of Memphis.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cooper Young, Memphis, TN Local Guide

Cheapest Available Cooper Young Apartments for Rent

 

The cheapest available apartment rental in the Cooper Young area of Memphis, TN is a 1 Bed unit found at Melrose Court Apartments priced from $695. The Bonsai at Central Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here are the most affordable Cooper Young apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
The Bonsai at Central GardensStudio without Washer/DryerStudio,1BA$849
Peabody PlaceO5 0ne Bedroom1BR,1BA$850
The Flats @ Cooper YoungStudioStudio,1BA$925
Peabody Falls Apartments2 BDRM, 1BTH2BR,1BA$950

Best Value Apartments for Rent in Cooper Young, TN

As of February 01, 2026 the best value apartment in the Cooper Young area is the $0.93 price per square foot 2 Bed 2 Bath Model at Parkway Arms Apartments in the in the East Memphis neighborhood starting from $1,300. The second greatest value Cooper Young apartment is the 2x1A Model at Belvedere Place starting at $1,199 with a $1.23 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Cooper Young apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkway Arms Apartments2 Bed 2 Bath2BR,2BA$0.93
Belvedere Place2x1A2BR,1BA$1.23
The MidtownerMidTowner2BR,1BA$1.05
The Broadmoor Apartments2BR/1.0BA2BR,1BA$1.05
Central GardensTwo Bedroom One Bath2BR,1BA$1.12
Peabody PlaceO5 0ne Bedroom1BR,1BA$1.06
The Linden1 Bedroom 1 Bath1BR,1BA$1.43
2012 Harbert Ave, Unit #22012 Harbert Ave1BR,1BA$1.21
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$1.16
The Flats @ Cooper YoungStudioStudio ,1BA$1.73

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

Read Article
Decorative image

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Cooper Young, Memphis, TN

Ranked #46

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cooper Young

What type of rentals are currently available in Cooper Young?

There are currently 88 Apartments for Rent in Cooper Young, TN with pricing that ranges from $695 to $2,531. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cooper Young ranging from $750 to $4,900.

What is the current price range for Rental Homes in Cooper Young?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cooper Young ranges from $750 to $4,900 with an average monthly rent of $2,261.

How much are larger Three and Four Bedroom Rentals in Cooper Young?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cooper Young range from $1,695 to $1,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $2,740. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $2,100.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.